Calif. Justices Won't Ax Mercury Insurance's $27.6M Fine
Law360 (August 15, 2019, 8:22 PM EDT) -- The California Supreme Court has refused to disturb a lower court’s ruling that Mercury Insurance Co. must pay a $27.6 million fine over its brokers’ alleged practice of tacking on illegal fees to auto policyholders’ premiums, upholding the largest-ever penalty imposed on a property and casualty insurer in the Golden State.
In a Wednesday docket entry, the California high court brought a 20-year legal battle to a close when it denied Mercury’s petition for a review of a state appeals court’s May opinion reinstating the whopping fine. The justices provided no further rationale for their decision.
In the May 7 ruling, a three-judge...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!